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A $5000, 3.6% bond (payable semi-annually) is set to mature on August 18 2028. If the bond is purchased on May 5 2021 at a
A $5000, 3.6% bond (payable semi-annually) is set to mature on August 18 2028. If the bond is purchased on May 5 2021 at a market rate of 2.5% compounded semi-annually, calculate the dirty price of the bond.
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